Dear UTSG colleague
We are undertaking some research on issues and methods associated with the appraisal of road infrastructure investment programmes. This is primarily within a cost benefit analysis framework. In an investment programme one or more projects may be contingent on another project being constructed - through either synergies between projects or because they compete with each other. If you are aware of any recent and/or relevant publications on the following topics we would be interested if you could let us know:
* Assessment synergies and substitutability between infrastructure projects
* Treatment in the uncertainty of whether one of the projects in the programme will be constructed and the impact on the rest of the programme if they are not constructed.
* Methods to minimise the amount of modelling that is needed to determine the programme components and the NPV of the whole programme and its components.
Thanks in advance,
Dr James Laird
Holmburn, Essich Road,
Inverness, IV2 6AH
[mobile] +44 (0)7766600989
Please note my normal days of work are Wednesday, Thursday and Friday
Recent publications and conference papers (copies available on request):
BATLEY, R.P. et al. (2017 - in press) New appraisal values of travel time saving and reliability in Great Britain. Transportation. In press. https://link.springer.com/article/10.1007/s11116-017-9798-7
BYETT, A., A. GRIMES, J.J. LAIRD AND P. ROBERTS (2017) Incorporating and assessing travel demand uncertainty in transport investment appraisals. NZ Transport Agency research report 620. Report dated June 2017. http://www.nzta.govt.nz/resources/research/reports/620
LAIRD, J.J. and A.J. VENABLES (2017) Transport investment and economic performance: a framework for project appraisal. Transport Policy 56 pp1-11. Available at: http://www.sciencedirect.com/science/article/pii/S0967070X16304863
BYETT, A., A. STROOMBERGEN, J.J. LAIRD and R. PALING (2017) The economic impacts of connectivity. NZ Transport Agency research report 608. Report dated February 2017. Available at: http://www.nzta.govt.nz/resources/research/reports/608